Markets
UBA Intensifies N61billion Loan Recovery Drive, Seeks Jail Term For WEMPCO Directors
United Bank for Africa (UBA) Plc has asked a Lagos court to send nine people linked to Western Metal Products Co. (WEMPCO) to prison. The bank alleges that they forced a court-appointed receiver out of the steel group’s Ogun State factory and the application is the latest step in UBA’s effort to recover N61.45 billion…
NairametricsBy NM Partners
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Read at Nairametrics →Original headline: “UBA Intensifies N61billion Loan Recovery Drive, Seeks Jail Term For WEMPCO Directors”
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